Counter Balance

European NGO coalition holding public banks - like the EIB - accountable for public interests.
🦋 @counter-balance.bsky.social

[Counter Balance @Counter_Balance]

Counter Balance is leaving X.

X has become a platform where disinformation, hate speech, and the weakening of content moderation increasingly undermine informed public debate and the safety of many communities.

We'll keep sharing our work towards a sustainable and just future on our other platforms:

Bluesky: https://t.co/CrKBLTqsIm
LinkedIn: https://t.co/53XFoHx1ZM

[Counter Balance @Counter_Balance]

🚨 The @EIB just gave Airbus a €3 billion loan, the biggest in its history.

🎥 Watch Marilisa Marigliano explain why the EU's self-proclaimed "Climate Bank" is now financing military expansion instead of public goods.

[Counter Balance @Counter_Balance]

Want to engage? Check out our campaign page 👇
https://t.co/191uAjubUw

[Counter Balance @Counter_Balance]

Do you know what the Social and Green EIB campaign is about? 👀

The campaign is led by Counter Balance and supported by 15 organisations. Together, we want the @EIB to serve people and the planet 🪴🌏, instead of corporate interests 💸

[Counter Balance @Counter_Balance]

💣 Europe faces another energy crisis, but are we learning the right lessons?

Our new podcast explores why the EU Climate Bank should invest more in affordable housing, public energy and sustainable transport.

🎧 Tune in now 👇

https://t.co/8pmmYtvXOA

[Counter Balance @Counter_Balance]

🏠⚡🚌 How can Europe tackle the climate crisis while making everyday life more affordable?

🎙️ In today’s #EUWatchdogRadio episode, Marilisa Marigliano and Frank Vanaerschot from Counter Balance discuss why affordable housing, clean energy and public transport should be at the heart of public investments.

[Counter Balance @Counter_Balance]

🌱 As the EU Climate Bank, the @EIB should prioritise long-term economic viability and ensure the necessary public investments in support of quality access to basic needs.

Read more 👇

https://t.co/4AXSrmEOGM

[Counter Balance @Counter_Balance]

🌍 Europe is facing another energy crisis driven by its dependence on fossil fuels, while millions already struggle with rising costs.

Shielding societies from these crises requires stronger public investment tackling decarbonisation and affordability together 👇🧵

[Counter Balance @Counter_Balance]

🚉 Public transport

The @EIB should shift investment toward public authorities and local governments which enhance accessibility to local urban public mobility.

It also should focus on accessible urban mobility over private transport. 🚎🚇

[Counter Balance @Counter_Balance]

Meanwhile, public banks and agencies make mining projects financially easier for private investors 💰
If projects fail, public banks often absorb the losses. If they succeed, the profits flow to multinationals. 🚨

Read our report 👇

https://t.co/cJSFCQWUjQ

[Counter Balance @Counter_Balance]

The EU and big business want access to lithium, copper, cobalt and much more. 🌍

But do you know who is bearing the costs of this? Well.. communities, mainly in the Global South, who are rarely given a real say over mining projects on their own land. ⛏️❌

[Counter Balance @Counter_Balance]

To know more about the Northern Lights, TotalEnergies’ mega CO₂ storage project, which received the EIB’s first official loan for a carbon capture and storage (CCS) project, read the article from @Mediapart 👇⚠️

https://t.co/GufT5iAbFh

[Counter Balance @Counter_Balance]

📢 Counter Balance, together with 14 civil society organisations, has sent a joint letter to the @EIB on the implementation of the second phase of the Climate Bank Roadmap.

Here’s what we call for 🧵👇

[Counter Balance @Counter_Balance]

Read our letter 👇
https://t.co/pMLlC13scT